REFEX trade ideas
Refex Industries Trading IdeaAs you can see clearly the stock today breakout with beautiful C&H pattern with good trade volume. stock trade above all the ema also crossing RSI 60 level let talk touch fundamental aspects stock PE is fall from 41 to 23 now it showed good value buy also quarterly sales and profits are increasing. i see a good potential in this. you read blogs and learn more
Lets talk about Target which we can expects
1st target after breakout and retrace will be 225 (25%)
2nd target after breakout and retrace will be 253 (40%)
Educational Content
This stock analysis is designed for educational purposes and should not be taken as professional financial advice. Please carry out your own research or consult with a financial advisor before investing.
Refex making a pattern to goREFEX INDUSTRIES LTD Making inverse head and shoulder pattern and its retest done now refex ready to make new high
REFEX INDUSTRIESThis stocks breakout ATH level and TGT up to 317 SL bellow 156
and this is only for educational purpose only
REFEX INDUSTRIESBreakout happend in this stock with rising 200dma.
Keep your risk and reward ratios according to your own preferance.
This is for educational purpose do your own research before investing.
REFEX Positional Pick (Duration few Weeks)REFEX Positional Pick (Duration few Weeks)
Buy above 787
Targets : 930 & 1170
Stop Loss : below 650
Reason : Above 20,50 & 200 SMA + BO + RSI above 60
Stock Split is announced 1:5
Dividends declared
Buy Refex Industries Short Term Trading Advice by Goodluck Capital
Buy Refex Industries (NSE:REFEX)
Buy Range- 615 - 630
Target- 730 - 750
StopLoss- below 550
Potential Return- 17-20%
Approx trade duration 18 - 20 days
REFEX AddedTook position in REFEX at 547.5
Stock in LT ASM Stage so need to be vigilant. Also, circuit will be limited to 5%.
REFEX - Strong Weekly ChartRefex is at good support and this is the place to hunt this stock when it is part of strong uptrend...
Dont Miss it...
Refex is a Swing Product!!!A breakout of a falling wedge!
Now, we're looking for a proper entry!
Will keep adding this share on dips towards the red zone!
Refex Target in 3 Months time frameRefex Target in 3 Months time frame , SInce it seems to be making descending wedge pattern, so here are the targets, accumulate as much as you can in range of 100- 125, and target will be 227
refexINDIA COULD ANNOUNCE CURBS ON REFRIGERATOR IMPORTS WITHIN A MONTH-REUTERS
India is considering restricting imports of refrigerators to promote local manufacturing, two industry sources told Reuters on Thursday, potentially freezing out shipment.
Beneficiary
$Refex Industries Ltd.
$Gujarat Fluorochemicals Ltd.
$Navin Fluorine International Ltd.
In Hot list !Refex is making very nice descending triangle pattern and trying to hit the high line .........soon it is going to break out !
*This idea is for learning motive only, if you want to trade then trade with your own risk, proper money and risk management. And always trade with a stop-loss.
Educational view / Expecting this / Refexwe can enter at the price of 124 .00
putting my Sl 103.00
expecting a good bounce to 173
expexting long term target 200 / 214
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
REFEXProduct range of the company includes:
Refex 134a - It is used in new medium-and high-temperature stationary commercial refrigeration, as well as chiller systems and home appliances. In addition, it can be used to retrofit existing R-12 refrigeration and air conditioning systems. It is also the global standard for new mobile air conditioning and can be used to retrofit existing R-12 mobile air conditioning systems.
R 404A refrigerant -R 404A continues to lead the way as the global industry standard HFC refrigerant for new commercial refrigeration applications. R 404A delivers exceptional capacity and efficiency as an R-502 and R-22 replacement in refrigeration applications and is approved for use by the leading compressor and equipment manufacturers worldwide.
Refex 23 refrigerant -Refex 23 is an HFC retrofit refrigerant for R-13 and R-503 in very low temperature applications such as medical freezers and environmental chambers. It can be used in new systems as well as to retrofit existing systems.
Refex 123 refrigerant -Refrigerant for R-11 in low-pressure centrifugal chillers. New centrifugal equipment design provides excellent energy efficiency. In retrofits of existing centrifugal chillers, systems modifications are often needed to increase capacity or avoid material incompatibility.
REFEX 141b -141b is ideal for spray since it is a liquid at atmospheric conditions and has low vapor thermal conductivity. These properties allow the production of easy to process polyurethane chemicals and the production of polyurethane foam with excellent physical properties.
Cans- RRL is a front-runner in the trade of refilling ozone friendly (HFC) gases used in mobile air conditioning and refrigeration. We are credited for many industry firsts and as a part of our incessant innovation; we are introducing REFEX 134a refrigerant can
Bullish for short term - 1-2 weeksIt will take support of 138, one can add at current level of 146, add more at 138, can sell once it touches 162, it will come back to trace at 146, there can add again, then can wait for 180+ levels. RSI Levels are good, not over brought not oversold.
Keep trailing stop loss as per support trendline, recommended - 124
First Target – 162
Second Target – 180+
Company Fundamentals are good, Good ROCE, ROE, Sales growth 5yrs and 3yrs.
Only negative point is small percentage of shares are pledged but nothing to worry.
Refex Industries Next Target for Refex is at Rs.220+
Managed to break above the Handle, with increasing volumes a rapid move in the stock is expected
